Haymarket Media Agrees to Acquire Compliance Week

NEW YORK--(Business Wire)--
Haymarket Media, Inc. has agreed to acquire Compliance Week from
Boston-based Financial Media Holdings Group, Inc. Both companies are
privately-owned. The transaction is expected to close July 1st 2008.

Compliance Week is the leading provider of corporate governance,
risk and compliance information for financial and legal executives at
public companies. Founded in 2002 by Scott Cohen and Frank Hertz,
Compliance Week produces a paid weekly electronic newsletter, a paid
monthly BPA-audited print magazine, a major annual conference and
other live events, and a paid access web site that includes news,
analysis, research, searchable governance databases and other valuable
online resources (www.complianceweek.com).

"We are thrilled to have made this acquisition, and to be working
with Scott and Frank who have developed an extraordinary passion for
this complicated and rapidly developing market," said Haymarket Media,
Inc. Chairman & CEO William Pecover. "Along with fellow shareholders
Barry Greenfield (Vice President of Sales) and Rob Raisch (Chief
Technology Officer), they have built an impressive team and range of
products designed from the outset to address changing habits of media
consumption."

"We are tremendously excited to be working with the world-class
team at Haymarket," said Compliance Week's Scott Cohen. "Haymarket's
international footprint, its broad array of media titles, and its 50
years of publishing prowess make the perfect global launching pad for
Compliance Week. In addition, the culture of ethics, integrity and
sustainability embedded at Haymarket perfectly echo the mission and
vision of our publication."

In the United States, Haymarket Media, Inc. publishes a dozen
titles covering the marketing, public relations, medical, elderly
care, and information security businesses, each with market-leading
online platforms. Compliance Week will be part of the Marketing &
Technology Division of Haymarket Media, Inc. run by Managing Director,
Lisa Kirk. Haymarket Media Inc. is one of the fastest growing media
companies in the United States; full information on Haymarket
worldwide can be found at www.haymarket.com.

Scott Cohen, Frank Hertz, Barry Greenfield and Rob Raisch will all
be staying on with Haymarket in their current Compliance Week roles.
The business will remain at its existing offices in Boston.

Financial Media Holdings Group, Inc. was advised in this
transaction by The Jordan, Edmiston Group Inc., a New York City-based
investment bank. Details of the transaction are not disclosed.

For further information contact: William Pecover, Chairman and
CEO, Haymarket Media Inc., 114 W 26th Street, NY, NY 10001. Tel: 646
638 6001

Or: Scott Cohen, Publisher, and Frank Hertz, Managing Director,
Compliance Week, 77 N. Washington Street, Boston, MA 02114. Tel: 888
519 9200

Haymarket Media Inc.
William Pecover, 646-638-6001
Chairman and CEO
or
Compliance Week
Scott Cohen, Publisher
Frank Hertz, Managing Director
888-519-9200

Copyright Business Wire 2008